Between January 2015 and June 2017 the average price per square meter of homes and apartments for sale in Panama City increased by $350.
Data from the Panamanian Chamber of Construction (Capac) indicates that the average price per square meter of homes for sale in the capital increased from $1,700 in January 2015 to $2,050.
See also “Central America: $1.6 billion in High Rise Housing“
Laestrella.com.pa reports that “…According to figures from the main business guild in the construction industry, the sale price in the metropolitan area varies, and it ranged from $928 to $2,892 a square meter in June 2017.”
See also “Social housing: A $ 588 million business“
“… The Capac figures also show that, in the first half of 2017, 27.7% of the homes sold were priced at up to $120,000. In addition, 4.6% of what was sold had a price range of $120,001 to $140,000 and 13.8% of the properties sold ranged from $140,001 to $180,000.”